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Bloomberg analysts now place the odds of an XRP spot ETF approval at 95%, fueling renewed speculation around institutional capital inflows and a potential shift in crypto market dynamics. Key Takeaways: Bloomberg analysts place XRP ETF approval odds at 95%, citing increased SEC engagement. Major firms like Grayscale and Franklin Templeton are backing XRP. Delays…
FTX lawyers are pushing back against a $1.5 billion claim from defunct hedge fund Three Arrows Capital (3AC), calling it baseless and rooted in the firm’s own trading missteps. Key Takeaways: FTX is seeking to fully reject 3AC’s $1.5B claim, calling it legally and factually unfounded. The exchange argues 3AC breached margin terms and ignored…
Users visiting the Cointelegraph website on Sunday were confronted with a deceptive pop-up claiming they had won token rewards. The pop-up message appeared to be part of a legitimate Cointelegraph promotion and told visitors they had been randomly selected to receive 50,000 “CTG” tokens, valued at over $5,000. The offer seemed polished and convincing, featuring…
Crypto exchange OKX is weighing a potential initial public offering in the US, just two months after settling with US authorities and relaunching its operations in the country, according to a report from The Information. The move would mark a sharp turnaround for the Seychelles-registered exchange, which exited the US market after a series of…
Metaplanet has purchased an additional 1,111 Bitcoin for $118.2 million, the Tokyo-listed investment firm said on Monday. The average purchase price was approximately $106,408 per Bitcoin. The leading cryptocurrency has dropped over 4% in the last week, now trading at just above $101,000. With this latest acquisition, the company now holds 11,111 BTC on its…
Brent Crude Oil (BZ) is a major global benchmark for crude oil pricing, primarily sourced from the North Sea between the United Kingdom and Norway. It is a light, sweet crude oil, characterized by a low sulfur content (sweet) and low density (light), making it ideal for refining into gasoline and diesel. Brent Crude is…
A South Korean court has jailed two Vietnamese nationals for using Tether (USDT) to power a cross-border money laundering scheme. The duo used the USD-pegged stablecoin to smuggle funds raised from voice phishing scams overseas. USDT Money Laundering Ring: Defendants Jailed for Two Years The South Korean media outlet Financial News reported that the Criminal…
AUDCHF is on the verge of completing a multi-decade bearish cycle from April 1992. However, it appears sellers will continue to push in the shorter cycles. Thus, the pair should attract short-term sellers, while long-term sellers should watch out. AUDCHF has been in a long-term bearish cycle from April 1992 in a somewhat corrective sequence….
Samson Mow, founder of Bitcoin infrastructure firm Jan3, is eyeing France as a potential leader in Bitcoin adoption at the nation-state level following a recent meeting with French lawmaker Sarah Knafo. Key Takeaways: Samson Mow is working with Sarah Knafo to promote a Bitcoin reserve strategy for France. France is ramping up both public and…
Cathie Wood’s ARK Invest offloaded $146.2 million worth of Circle (CRCL) shares on Friday, despite the stock surging nearly 250% since its June 5 debut on the New York Stock Exchange. Key Takeaways: ARK Invest sold $146M in Circle shares during a week where CRCL surged 248% post-IPO. Despite trimming its position, ARK remains Circle’s…